Citizens Financial Group Inc. RI Buys Shares of 1,612 Burlington Stores, Inc. $BURL

Citizens Financial Group Inc. RI acquired a new stake in shares of Burlington Stores, Inc. (NYSE:BURL) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,612 shares of the company’s stock, valued at approximately $524,000.

Several other hedge funds also recently bought and sold shares of BURL. T. Rowe Price Investment Management Inc. grew its holdings in shares of Burlington Stores by 15.8% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,828,877 shares of the company’s stock worth $817,122,000 after purchasing an additional 386,615 shares during the last quarter. State Street Corp lifted its holdings in Burlington Stores by 1.2% during the 3rd quarter. State Street Corp now owns 2,184,171 shares of the company’s stock valued at $555,872,000 after buying an additional 26,529 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Burlington Stores by 303,059.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,912,936 shares of the company’s stock valued at $552,552,000 after buying an additional 1,912,305 shares during the period. Alyeska Investment Group L.P. boosted its position in Burlington Stores by 103.5% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,285,336 shares of the company’s stock valued at $371,269,000 after buying an additional 653,718 shares during the period. Finally, Geode Capital Management LLC boosted its position in Burlington Stores by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 1,233,176 shares of the company’s stock valued at $355,261,000 after buying an additional 27,074 shares during the period.

Burlington Stores Trading Up 3.2%

Shares of NYSE:BURL opened at $344.97 on Thursday. The business’s 50-day moving average is $318.98 and its 200 day moving average is $314.31. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.16 and a quick ratio of 0.49. Burlington Stores, Inc. has a 1 year low of $240.49 and a 1 year high of $351.85. The firm has a market capitalization of $21.71 billion, a P/E ratio of 35.45, a P/E/G ratio of 1.80 and a beta of 1.46.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, May 28th. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.80 billion. Burlington Stores had a net margin of 5.24% and a return on equity of 39.93%. Burlington Stores’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.60 EPS. Burlington Stores has set its Q2 2026 guidance at 2.050-2.200 EPS and its FY 2026 guidance at 11.450-11.800 EPS. On average, research analysts predict that Burlington Stores, Inc. will post 11.71 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Burlington Stores news, CAO Stephen Ferroni sold 2,343 shares of Burlington Stores stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $337.22, for a total value of $790,106.46. Following the completion of the transaction, the chief accounting officer owned 1,391 shares of the company’s stock, valued at approximately $469,073.02. The trade was a 62.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Matthew Pasch sold 3,773 shares of Burlington Stores stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $317.21, for a total value of $1,196,833.33. Following the completion of the transaction, the insider owned 6,523 shares of the company’s stock, valued at approximately $2,069,160.83. This represents a 36.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 28,714 shares of company stock valued at $9,661,022. Company insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on BURL shares. Weiss Ratings upgraded Burlington Stores from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 7th. Truist Financial upped their target price on Burlington Stores from $305.00 to $310.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. JPMorgan Chase & Co. dropped their price target on Burlington Stores from $374.00 to $351.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Wall Street Zen lowered Burlington Stores from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, Wells Fargo & Company decreased their price objective on Burlington Stores from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Friday, May 29th. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $353.56.

Burlington Stores Profile

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.